Top Wholesale Reverse Mortgage Lenders of 2008

image Below is the list of top 10 wholesale reverse mortgage lenders of 2008.  Overall, 2008 was a great year for wholesale lenders, with 80% of the top 10 seeing their volume at least double from 2007.  This should be an interesting year for wholesalers, with Nutter having problems others are bound to pick up market share. 

Lender Units Growth
1 FINANCIAL FREEDOM SENIOR FUNDI 17,718 -41.6%
2 JAMES B NUTTER AND COMPANY 16,438 171.9%
3 BANK OF AMERICA NA CHARLOTTE 11,018 185.9%
4 WORLD ALLIANCE FINANCIAL CORP. 5,238 210.9%
5 METLIFE BANK 3,851 205.6%
6 SUN WEST MORTGAGE CO INC 1,527 -15.3%
7 GENWORTH FINANCIAL HM EQUITY A 1,333 1274.2%
8 GENERATION MORTGAGE COMPANY 1,299 242.7%
9 URBAN FINANCIAL/REVERSEIT 1,006 3625.9%
10 WELLS FARGO BANK NA 583 941.1%

Market statistics and report sample provided by Reverse Market Insight, the leading source of market intelligence in the reverse mortgage industry. For more information about RMI and to purchase the full MIC report with additional key performance indicators and market statistics, please visit our website at www.rminsight.net

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